Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
29 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
GT & Co from Evere, company number BE0832433907, closed financial year 2025 with a result of € 3.5 million after tax. For that financial year GT & Co recorded revenue of € 452,667 and equity of € 204.8 million. Compared with financial year 2024, the result moved from € 5.7 million to € 3.5 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 204.8 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.5 million
▼ 39% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▼ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 204.8 million.
Debts at end 2025
€ 35.9 million
▼ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 227,322
▼ 29% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 43 days on average.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 200,650 | € 218,200 | € 360,225 | € 452,667 | ▲ 26% |
| Profit after taxes | € -29,918,084 | € -8,591,848 | € 5,721,334 | € 3,506,577 | ▼ 39% |
| Equity | € 204,202,429 | € 195,610,581 | € 201,331,915 | € 204,838,492 | ▲ 2% |
| Total debts | € 64,712,794 | € 68,500,458 | € 71,931,371 | € 62,208,680 | ▼ 14% |
| Cash | € 3,010,134 | € 1,107,010 | € 6,850,931 | € 1,345,279 | ▼ 80% |
| Land & buildings | € 2,670,727 | € 2,556,469 | € 2,451,591 | € 2,336,852 | ▼ 5% |
| Retained profit | € 204,126,424 | € 195,534,576 | € 201,255,910 | € 204,762,487 | ▲ 2% |
| Bank debt | € 36,545,029 | € 36,965,353 | € 36,258,095 | € 35,937,704 | ▼ 1% |
| Balance sheet total | € 268,915,223 | € 264,111,039 | € 273,263,285 | € 267,047,173 | ▼ 2% |
Key figures of GT & Co, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to GT & Co?
What happened at GT & Co in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3.5 million (▼ 39% vs 2024). Source: NBB ↗
- New establishment in Evere. KBO
- Start of the company according to the CBE. KBO
In short
From € 29.9 million loss in 2022 to € 3.5 million profit in 2025.
Paid € 1.2 million in corporate taxes since 2022.
Best year ever: 2024, with € 5.7 million profit.
Pays suppliers within 43 days on average.
Management
Behind GT & Co are VDM Finance BV, Eigen Kweek BV, Remain BV and Horizon VDM BV. The shares are held by Mathusalem (100%). It owns 100% of Hubisco, 100% of Immo L'Eau, 99.8% of Immo V.D.M. NV, 50% of VV Residences, 50% of VV de Mérode and 50% of Secunda Casa Adeje SL itself.
Directors
According to the 2025 annual accounts
Director · represented by Vandermarliere Frederik
Also active at: J. Cortès Cigars, HUBISCO, LE FUMOIR, Hedonis Ambachtsbier, IMMO L'EAU, IMMO TEWOWI
Director · represented by Vandermarliere Guido
Shareholders
100%
Participations
100%
100%
99.8%
50%
50%
Secunda Casa Adeje SL
50%
Pure Napa Properties
45%
40%
35%
33.9%
FDC Ramnicu Valcea
33.3%
Mertzig Promotion
33.3%
L&W Development Company Ltd (B3)
27.2%
L&W Development Company Ltd (B1)
27.1%
L&W Development Company Ltd (B2)
26.2%
L&W Development Company Ltd (B)
25.3%
25%
24.6%
Hlitby Investments Sp. z o.o.
21%
16.7%
13.4%
10%
Establishments
Establishment units
Physical locations of this company
Optimismelaan 1 box b3
1140 Evere
Optimismelaan 1 box 3
1140 Evere
Active since 8 February 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 29 companies are registered at this address.
All companies at this address →International Fiscal Accounting and Marketing Office
€ 197,999 gross margin · 2025
IMMO V.D.M. same network
€ 172,139 gross margin · 2025
J & L PROMOTING
€ 13,846 gross margin · 2025
HERRIT & C°
€ 30,592 gross margin · 2025
BURG - CONSULT
€ 15,148 gross margin · 2025
+24 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0832.433.907
- VAT number
- BE 0832.433.907
- Registered office
- Optimismelaan 1 bus b3, 1140 Evere
- Names & denominations
- GT & Co
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 January 2011
- Peppol
- Active · Active since 2 Jul 2025
- Activities · NACE
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